Understanding Functional Reports in Companies

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Question:

A functional report _____.

serves a specified purpose within a company

is requested by most governmental and nonprofit agencies

takes its functional designation from its form

is a form of an external report

Answer:

A functional report serves a specified purpose within a company.

Functional reports are typically created to address specific operational needs or to provide insights related to particular functions within an organization, such as finance, marketing, or human resources.